{"id":974841,"date":"2025-11-19T08:07:56","date_gmt":"2025-11-19T02:37:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=974841"},"modified":"2025-11-19T08:18:40","modified_gmt":"2025-11-19T02:48:40","slug":"us-probes-telecom-firms-after-blackrocks-hps-uncovers-alleged-400-million-fraud-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/11\/19\/us-probes-telecom-firms-after-blackrocks-hps-uncovers-alleged-400-million-fraud-report\/","title":{"rendered":"US probes telecom firms after BlackRock&#8217;s HPS uncovers alleged $400 million fraud: Report"},"content":{"rendered":"<p>U.S. prosecutors are probing a group of telecoms firms after BlackRock&#8217;s private credit arm, HPS Investment Partners, said it lent them over $400 million backed by receivables that appear to be fake, the Financial Times reported on Monday. <\/p>\n<p>The Department of Justice is investigating entities tied to Bankim Brahmbhatt, a little-known executive whose companies borrowed heavily from HPS, the report added, citing two people with knowledge of the matter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. prosecutors are probing a group of telecoms firms after BlackRock&#8217;s private credit arm, HPS Investment Partners, said it lent them over $400 million backed by receivables that appear to be fake, the Financial Times reported on Monday. The Department of Justice is investigating entities tied to Bankim Brahmbhatt, a little-known executive whose companies borrowed heavily from HPS, the report added, citing two people with knowledge of the matter.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-974841","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/974841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=974841"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/974841\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=974841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=974841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=974841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}